Halifax +0.1%

StevieJ

You appear to have morphed into a housing bull AD I remember when you were one of the -50% brigade.

JonnyBravo

Generali wrote: »

If we push together, bull and bear; socialist idiot and Tory toady then we can get there in 10 posts next month.

Good to see we're all in it together.

AD9898_2

StevieJ wrote: »

You appear to have morphed into a housing bull AD I remember when you were one of the -50% brigade.

My default is still the same, but unlike many on here I do say what I feel given the evidence before me, if that means I stray from what I believe is perhaps best then so be it.

If you're not willing to change your mind somewhat at different times then debate is useless.

System

Re: your sig Ad, you should join Hamish here

https://forums.moneysavingexpert.com/discussion/3146968

Batchy

AD9898 wrote: »

My default is still the same, but unlike many on here I do say what I feel given the evidence before me, if that means I stray from what I believe is perhaps best then so be it.

If you're not willing to change your mind somewhat at different times then debate is useless.

I like your sig AD.

Your right too if prices were low, then more money would be available to spend elsewhere in the economy, and no one would have to save like a Mo Fo to get on the dreaded ladder. Both the mortgage and the saving factors mean a 30 year drag on your spending lifecycle.

neas

Do laugh at the individuals who tell me about their local area of crashing house prices when all along i've said stagnation was occuring. I put my money where my mouth was and bought on those opinions..... and seem to be doing ok at the moment. 9 months from buying and house prices are still similar to what i paid back then, except mortgage interest rates have rose and the BOE base rate hasnt rose yet. Basically house prices will be supported and the impact of a crash will be damped because of the bull argument that theres not enough supply.. which is unfortunately true.

With immigration and population growth you just got to accept it and save a bigger deposit yea it sucks but oh well.

neas

Basically another month that those waitying to buy have postponed owning a house.... when months turn into years and years turn into decades you have to question their sanity.

I believe it was Doire who had been waiting since 2007 like me... so its not 4 years of waiting to buy a house with prices showing stabilisation, perhaps they will fall further but you got to wait another 3 years.... or maybe they will stagnate and you never buy? Like shares you need to know your buy/sell limits. and stick to them.

ultrawomble

neas wrote: »

Basically another month that those waitying to buy have postponed owning a house....

If they're buying outright you may have a point......, but it's likely they'll be taking on a very large debt so another month to add to the deposit looks rather wise.

neas

ultrawomble wrote: »

If they're buying outright you may have a point......, but it's likely they'll be taking on a very large debt so another month to add to the deposit looks rather wise.

Yep, pay the low interest on a mortgage or pay someone elses mortgage +profit and chance of losing out with rising interest rates.. i.e. my mortgage is unavailable now 3.99% with 1k arrangement fee is 4.19% with 2k arrangement fee..

geneer

Graham_Devon wrote: »

Jesus.

Turned into kindergarten within 14 posts.

Well the 0.1% monthly must be an awful blow after nationwide.

Lets not forget:

Hamishes favourite YOY = -2.9%.